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["url"]=> string(90) "https://businessmirror.com.ph/2023/04/14/kpmg-fined-1-25m-for-luceco-audit-by-uk-watchdog/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/7100b74c-3f75-4b5c-b0ec-cebae4c8c8f4" ["source"]=> string(21) "businessmirror.com.ph" ["publication_date"]=> string(10) "2023-04-13" ["categories"]=> array(3) { [0]=> string(11) "Regulations" [1]=> string(8) "Auditors" [2]=> string(15) "Corporate Fines" } } [3]=> array(7) { ["title_en"]=> string(97) "Believe It Or Not, KPMG Is Helping to Fix the Accountant Shortage Through Its Terrible Audit Work" ["snippet_en"]=> string(133) "The PCAOB levied record fines of $11 million in 2022, more than $8 million against KPMG alone, fines that fund a scholarship program." 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Kpmg LLP

Location

New York

Founded

1994-02-13

Website

Articles

1407 Articles

Category

Accounting, Auditing, and Bookkeeping Services

Description

Articles

US accounting regulator fines KPMG Netherlands $25 million

2024-04-10 (globalinvestigationsreview.com)

US accounting regulator fines KPMG Netherlands $25 million

The US Public Company Accounting Oversight Board (PCAOB) ...

Read more
The King’s KPMG Gets Fined for Rookie Mistakes

2023-04-28 (goingconcern.com)

The King’s KPMG Gets Fined for Rookie Mistakes

The FRC said the inventory mistakes "were rudimentary and should not have occurred."

Read more
KPMG fined £1.25M for Luceco audit by UK watchdog | Bloomberg News

2023-04-13 (businessmirror.com.ph)

KPMG fined £1.25M for Luceco audit by UK watchdog | Bloomberg News

KPMG LLP was fined £1.25 million ($1.56 million) by the UK audit watchdog over errors it made in its work on Luceco Plc’s books in 2016. An-ex KMPG employee, Stuart Smith, who was audit engagement partner for the Luceco audit, was also fined £50,000, the Financial Reporting Council said in...

Read more
Believe It Or Not, KPMG Is Helping to Fix the Accountant Shortage Through Its Terrible Audit Work

2023-01-06 (goingconcern.com)

Believe It Or Not, KPMG Is Helping to Fix the Accountant Shortage Through Its Terrible Audit Work

The PCAOB levied record fines of $11 million in 2022, more than $8 million against KPMG alone, fines that fund a scholarship program.

Read more
U.S. watchdog levies $7.7 million in fines against KPMG entities

2022-12-06 (whbl.com)

U.S. watchdog levies $7.7 million in fines against KPMG entities

WASHINGTON (Reuters) -The Public Company Accounting Oversight Board (PCAOB) on Tuesday said it imposed $7.7 million in fines and sanctioned three firm...

Read more
ICYMI: KPMG Screwed Up

2022-10-26 (goingconcern.com)

ICYMI: KPMG Screwed Up

On [date] KPMG was fined [amount] for screwing up. Seriously, isn't this story written in various ways every other week?

Read more
KPMG fined by Dubai regulator over Abraaj Group audit, seeks review

2022-10-03 (reuters.com)

KPMG fined by Dubai regulator over Abraaj Group audit, seeks review

Dubai's financial regulator said on Monday it has provisionally fined KPMG and its former audit principal $2 million over failings in the audit of collapsed private equity firm Abraaj Group.

Read more
KPMG fined by Dubai regulator over Abraaj Group audit, seeks review

2022-10-03 (reuters.com)

KPMG fined by Dubai regulator over Abraaj Group audit, seeks review

Dubai's financial regulator said on Monday it has provisionally fined KPMG and its former audit principal $2 million over failings in the audit of collapsed private equity firm Abraaj Group.

Read more
Dubai's DFSA provisionally fines KPMG over Abraaj Group audit failings

2022-10-03 (reuters.com)

Dubai's DFSA provisionally fines KPMG over Abraaj Group audit failings

Dubai's financial regulator said on Monday it has provisionally fined KPMG and its former audit principal $2 million over failings in the audit of collapsed private equity firm Abraaj Group.

Read more